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10 September 2025 by Adrian Suljanovic

Are big banks entering a new cost-control cycle?

Australia’s biggest banks have axed thousands of jobs despite reporting record profits over the year, fuelling concerns over cost-cutting, offshoring ...
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How $2.68tn is spread across products and investments

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Private credit growth triggers caution at Yarra Capital

As private credit emerges as a fast-growing asset class, Yarra Capital Management remains cautious about the risks that ...

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CBA flags end of global rate-cutting cycle

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ETF market nears $300bn as international equities lead inflows

The Australian ETF industry is on the cusp of hitting $300 billion in assets under management, with VanEck forecasting ...

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Lonsec joins Count in raising doubts over Metrics funds

Lonsec has cut ratings on three Metrics Credit Partners funds, intensifying scrutiny on the private credit manager’s ...

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ING appoints deputy

  •  
By Christine St Anne
  •  
2 minute read

ING's investment management business hires BDM as new deputy.

ING Investment Management (INGIM) has hired Martin Donnelly as deputy chief executive.

Donnelly will report to INGIM chief executive David McClatchy and will also be responsible for the distribution of the business.

He joins INGIM from Barclays Global Investors, where he worked in the firm's institutional business development team. He began his career as an analyst with the Over 50s Friendly Society. He has also worked at Deutsche Asset Management.

INGIM has made a number of changes to its staff in the past few months. In September, chief investment officer and deputy chief executive McClatchy took on the chief executive mantel after incumbent Grant Bailey accepted an overseas posting in Dubai.

 
 

The firm also hired Dan McCarthy as a senior portfolio manager to its international equities team. McCarthy was poached from Colonial First State Investments.